Chinese hedge fund Springs Cap expands to HK in growth push

Reuters – Chinese hedge fund Springs Capital is expanding its presence to Hong Kong as it looks to strengthen its expertise on H shares and win more offshore clients, a top executive said on Monday.

The firm, managing about $700 million, is setting up trading and investment desks in Hong Kong and looking to add 2 research analysts in 2011 to step up coverage of Hong Kong-listed Chinese firms or H shares, Managing Director Jenny Tian said.

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